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Only Gold!

  • #17,601
  • Oct 15, 2014 7:33am Oct 15, 2014 7:33am
Quoting zew
entered long at 1225, targeting 1250+
clear 1240 is for sure this time.
  • #17,602
  • Oct 15, 2014 7:39am Oct 15, 2014 7:39am
VVSA suggests its Time to short, will post charts after a while..
Hello World!
  • #17,603
  • Oct 15, 2014 7:41am Oct 15, 2014 7:41am
Quoting ClockTrader
VVSA suggests its Time to short, will post charts after a while..
ok, this is wave A - a deep retrace... great move
  • #17,604
  • Oct 15, 2014 7:42am Oct 15, 2014 7:42am
And This Rally ??? The Black Hand
Belive & Achieve
  • #17,605
  • Oct 15, 2014 7:44am Oct 15, 2014 7:44am
Price in the area to Short from, will share numbers / range etc by 12 pm NY

Let it kool down.
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Hello World!
  • #17,606
  • Oct 15, 2014 7:46am Oct 15, 2014 7:46am
Quoting TemplarFx
And This Rally ??? The Black Hand
USD was flushed
  • #17,607
  • Oct 15, 2014 7:50am Oct 15, 2014 7:50am
Quoting ClockTrader
Price in the area to Short from, will share numbers / range etc by 12 pm NY Let it kool down. {image} {image} {image}
Many thanks!
  • #17,608
  • Oct 15, 2014 7:54am Oct 15, 2014 7:54am
Quoting ClockTrader
Price in the area to Short from, will share numbers / range etc by 12 pm NY Let it kool down. {image} {image} {image}
The way it appears, it should super kool to short from the 1240is area, I would wait for final numbers till 12 pm NY

I hope it peaks out within an hr or two.
Hello World!
  • #17,609
  • Oct 15, 2014 8:01am Oct 15, 2014 8:01am
CT need advice from...what do project price after breaking the 1240
  • #17,610
  • Oct 15, 2014 8:07am Oct 15, 2014 8:07am
Quoting Rashidtrade
CT need advice from...what do project price after breaking the 1240
On a broad level, as per VVSA analysis, the highlighted area is the region to short from.
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Hello World!
  • #17,611
  • Oct 15, 2014 8:13am Oct 15, 2014 8:13am
The daily chart shows it is a daily level retracement, buy dip is better option rather than sell
  • #17,612
  • Oct 15, 2014 8:15am Oct 15, 2014 8:15am
Thanks CT appreciated
  • #17,613
  • Oct 15, 2014 8:15am Oct 15, 2014 8:15am
with bad us and china data more importantly ppi as I posted yesterday market will be looking for a prolonged period of low interested rate and might be looking for more stimulus


I wouldn't short gold now 1235-1236 is a break-out area next target 1250 then 1270-5 and that area will be the first confirmation of the end of the 4 years down trend
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Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #17,614
  • Oct 15, 2014 8:17am Oct 15, 2014 8:17am
Quoting zew
The daily chart shows it is a daily level retracement, buy dip is better option rather than sell

I totally agree with you on that zew
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #17,615
  • Oct 15, 2014 8:27am Oct 15, 2014 8:27am
Quoting blue_z_zz
{quote} I totally agree with you on that zew
Quoting zew
The daily chart shows it is a daily level retracement, buy dip is better option rather than sell
Fellas, I can be wrong. I've been right and wrong several times before. Nothing there I can boast of.

One thing that I'm 100% sure about is that I share honestly what VVSA as per my logic says. IF VVSA as per my analysis was always right, everyone following it would be a millionaire.

I have the courage to come forward and say what my logic says.

I am proud I am bold enough to do that :-)
Hello World!
  • #17,616
  • Oct 15, 2014 8:58am Oct 15, 2014 8:58am
Quoting ClockTrader
{quote} The way it appears, it should super kool to short from the 1240is area, I would wait for final numbers till 12 pm NY I hope it peaks out within an hr or two.
The peakout process (volatility) should be over within an hr. or so. Latest by 12 pm NY. Since, its been too hot, I would further wait until Asian morning.

PS: On a broad level, my view remains short from the top area.
Hello World!
  • #17,617
  • Oct 15, 2014 9:00am Oct 15, 2014 9:00am
made a short at 1242.80 (",)
Senior Trader Multi-Account Manager
  • #17,618
  • Oct 15, 2014 9:09am Oct 15, 2014 9:09am
closed my short at 1237.82 (",)
Senior Trader Multi-Account Manager
  • #17,619
  • Oct 15, 2014 9:10am Oct 15, 2014 9:10am
that was fast lol
Senior Trader Multi-Account Manager
  • #17,620
  • Oct 15, 2014 9:20am Oct 15, 2014 9:20am
Quoting lorix
closed my short at 1237.82 (",)
good job. Good click
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